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Jul 14, 2015

TECHNOLOGIES * Australia - Seeing Machines' in-cab fatigue monitors

* Australia - Seeing Machines shares soar after trucking giant Caterpillar installs its in-cab fatigue monitors

-- July has been an excellent month for eye-tracking technology firm Seeing Machines... The company, which is branching out from its core market of providing in-cab driver safety systems for mining trucks, released well-received results and news of a couple of contract wins this week... Analysts are keeping a watchful eye on the group's new fleet product line, designed for road transport, which chipped in with some sales in the fourth quarter but which should really start to rev up in the new financial year... Caterpillar, the US giant of the industrial vehicles world, is already a big fan of the Aussie firm's technology, and it was announced this week that Seeing Machines' in-cab fatigue monitors are to be rolled out by Caterpillar in risk assessment programmes across its full range of customers... Tim Crane, manager of Caterpillar Safety Services, said DSS's ability to alert drivers in real-time was critical... The company also said it had signed up Australian transport and logistics company Toll Group... 
(Photo: Seeing Machines: The company provides technology which spots exhaustion in miners, truck and train drivers and pilots)  --  Canberra, ACT, Australia - THISISMONEY, by JOHN HARRINGTON - 10 July 2015

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